Winnebago Industries (NYSE:WGO) issued its earnings results on Monday. The construction company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.12, RTT News reports. Winnebago Industries had a return on equity of 20.10% and a net margin of 5.17%. The firm had revenue of $432.70 million for the quarter, compared to the consensus estimate of $443.05 million. During the same quarter in the prior year, the business earned $0.69 earnings per share. The company’s revenue was down 7.6% compared to the same quarter last year.

NYSE WGO opened at $28.89 on Wednesday. The stock has a market capitalization of $932.27 million, a P/E ratio of 9.17 and a beta of 1.50. Winnebago Industries has a twelve month low of $19.77 and a twelve month high of $47.76. The company has a quick ratio of 0.76, a current ratio of 1.72 and a debt-to-equity ratio of 0.46.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 17th. Investors of record on Wednesday, April 3rd will be issued a $0.11 dividend. The ex-dividend date is Tuesday, April 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 1.52%. Winnebago Industries’s payout ratio is 13.97%.

A number of brokerages have recently commented on WGO. ValuEngine upgraded Winnebago Industries from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 23rd. Zacks Investment Research downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Friday, February 22nd. TheStreet upgraded Winnebago Industries from a “c+” rating to a “b-” rating in a research note on Monday, February 11th. BMO Capital Markets lowered their target price on Winnebago Industries to $42.00 and set an “outperform” rating on the stock in a research note on Monday, February 4th. Finally, SunTrust Banks lowered their target price on Winnebago Industries to $34.00 and set a “positive” rating on the stock in a research note on Thursday, December 20th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Winnebago Industries currently has an average rating of “Hold” and a consensus price target of $40.40.

In related news, VP Steven Scott Degnan sold 10,013 shares of the company’s stock in a transaction dated Monday, January 28th. The stock was sold at an average price of $30.11, for a total value of $301,491.43. Following the completion of the transaction, the vice president now owns 32,449 shares of the company’s stock, valued at approximately $977,039.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.57% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Inc. raised its holdings in Winnebago Industries by 103.4% in the 4th quarter. Advisor Group Inc. now owns 1,654 shares of the construction company’s stock worth $40,000 after purchasing an additional 841 shares during the period. AlphaOne Investment Services LLC raised its holdings in Winnebago Industries by 39.7% in the 4th quarter. AlphaOne Investment Services LLC now owns 1,721 shares of the construction company’s stock worth $42,000 after purchasing an additional 489 shares during the period. Public Employees Retirement System of Ohio raised its holdings in Winnebago Industries by 27.4% in the 4th quarter. Public Employees Retirement System of Ohio now owns 1,991 shares of the construction company’s stock worth $48,000 after purchasing an additional 428 shares during the period. Rex Capital Advisors LLC acquired a new position in Winnebago Industries in the 4th quarter worth about $242,000. Finally, Virtu Financial LLC acquired a new position in Winnebago Industries in the 4th quarter worth about $247,000. 92.29% of the stock is owned by institutional investors.

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About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Winnebago Motorhomes, Winnebago Towables, Grand Design Towables, Winnebago Specialty Vehicles, and Chris-Craft Marine.

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Earnings History for Winnebago Industries (NYSE:WGO)

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